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News Wire / economy

Western Regulators Increase Pressure on Turkish Banks

developing Radio Rossii Istanbul 61d Impact 5
Western financial regulators are intensifying pressure on Turkish banks that conduct operations with Russia. This increased scrutiny follows recent shifts in the regulatory environment. A source within a Turkish state bank confirmed the heightened pressure from international partners. The situation follows statements from Central Bank head Elverna Beulina regarding the Russian economy's return to growth.

Topics

banking sanctions international finance

Developing

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Sources · 7 independent

Radio Rossii

“Batı, Rusya ile işlem yapan Türk bankaları üzerinde baskıyı artırdı. Bunu bir Türk devlet bankasındaki bir kaynaktan öğrendik.”

Radio Rossii

“We are recording increased pressure from Western financial regulators and partners... after which we expected an acceleration of this process.”

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